By Prensa Latina
Caracas : Oil prices rose on international energy markets Wednesday, encouraged by tensions in Nigeria in the face of possible attacks against oil infrastructures.
Analysts predict a drop of nearly 2 million barrels of oil in US commercial inventories, likely to reach their lowest level in three years.
In the last seven weeks of 2007, hydrocarbon supplies on the US market significantly decreased by 25.1 million barrels.
In the meantime, the Nigerian Movement for the Emancipation of the Niger Delta announced new actions against the national oil industry, with the consequent negative effect on prices.
In that context, the West Texas Intermediate rose 0.8 percent (81 cents), totalling 97.14 dollars each barrel for deliveries in February, while the Brent quality on the International Petroleum Exchange of London escalated 75 cents, amounting to 96.29 dollars a barrel of 159 liters.